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Grand Rapids-Based ICCF Community Homes Joins Consumers Energy's Renewable Energy Program

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(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Consumers Energy (CMS) and Grand Rapids-based ICCF Community Homes announced a partnership on January 21, 2026, joining ICCF to Consumers Energy's Renewable Energy Program to match ICCF's energy use with Michigan-built renewable projects.

The program now includes over 50 businesses committed to a combined 700+ megawatts of renewable capacity — enough to power about 84,000 homes annually and offset emissions equivalent to removing over 190,500 cars from the road, per EPA calculations. Consumers Energy serves 6.8 million residents in Michigan's Lower Peninsula.

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Positive

  • 700+ MW of renewable commitments from program participants
  • Commitments equal to powering approximately 84,000 homes annually
  • Emissions offset equivalent to removing 190,500 cars per year
  • ICCF matches its energy use with Michigan-developed renewable projects
  • Program supports Michigan jobs through building and operating projects
  • Consumers Energy serves 6.8M residents in the Lower Peninsula

Negative

  • None.

Key Figures

Businesses in program: over 50 Households served: 2,000+ households Affordable units: over 600 units +5 more
8 metrics
Businesses in program over 50 Companies in Consumers Energy Renewable Energy Program
Households served 2,000+ households ICCF Community Homes housing-related services each year
Affordable units over 600 units ICCF Community Homes affordable rental housing
Renewable commitments over 700 megawatts Renewable energy committed by program participants
Homes powered 84,000 homes Annual homes powered by program’s committed generation
Cars equivalent over 190,500 cars Equivalent cars’ emissions removed per EPA calculations
Residents served 6.8 million Consumers Energy customers in Michigan
State population 10 million residents Total Michigan residents cited in release

Market Reality Check

Price: $70.97 Vol: Volume 2,560,196 is about...
normal vol
$70.97 Last Close
Volume Volume 2,560,196 is about 4% above the 20-day average, a modest pickup. normal
Technical Price at $71.35 is trading slightly below the 200-day MA ($71.82) and 6.67% under the 52-week high.

Peers on Argus

CMS slipped 0.46% while key peers were mixed: CNP -1.28%, EIX -2.06%, but DTE +0...
1 Up

CMS slipped 0.46% while key peers were mixed: CNP -1.28%, EIX -2.06%, but DTE +0.47%, FE +0.57%, PPL +0.96%. With only one peer (KEP) in the momentum scan and no broad, same-direction moves, trading appeared stock-specific rather than a clear sector rotation.

Historical Context

5 past events · Latest: Jan 15 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 15 Earnings date set Neutral +0.6% Announced timing and webcast for 2025 year-end results.
Jan 12 Customer aid initiative Positive -0.2% Committed <b>$5M</b> to help customers manage energy costs.
Jan 05 Major solar project Positive -1.4% Started operations at <b>250 MW</b> Muskegon Solar to power customers.
Dec 17 Tree-planting program Positive +0.5% Reported grants funding thousands of trees to aid reliability.
Dec 11 Regulatory challenge Neutral -0.4% Defended data-center customer safeguards before regulators.
Pattern Detected

Recent positive corporate/ESG news has produced mixed reactions, with roughly equal instances of aligned and divergent price moves.

Recent Company History

Over the past months, CMS issued several community- and sustainability-focused updates. These included a $5 million affordability initiative, launch of the 250 MW Muskegon Solar project, and long-running tree‑planting and reliability efforts, alongside regulatory news on large‑customer safeguards and an upcoming Feb. 5, 2026 year‑end results call. Price reactions to these largely positive stories alternated between modest gains and declines, suggesting that ESG and community announcements alone have not consistently driven the stock.

Market Pulse Summary

This announcement expands CMS’s renewable footprint by adding ICCF Community Homes to a group of ove...
Analysis

This announcement expands CMS’s renewable footprint by adding ICCF Community Homes to a group of over 50 participants that have committed more than 700 megawatts of clean energy. It reinforces earlier initiatives such as large-scale solar projects and community-focused programs. Investors may track how these partnerships translate into long-term load growth, regulatory relationships, and brand value, while also watching upcoming year-end results and ongoing regulatory developments for clearer financial impacts.

Key Terms

renewable energy, solar generation, carbon footprint, carbon-neutral, +1 more
5 terms
renewable energy technical
"joins over 50 other Michigan employers that are making commitments through Consumers Energy's Renewable Energy Program"
Sources of power that come from naturally replenishing resources—such as sunlight, wind, flowing water, and geothermal heat—rather than fuels that can run out. Investors care because renewable energy can reduce long-term fuel costs, lower regulatory and climate risk, and create growing markets for technology and infrastructure; think of it like putting money into a well that refills itself rather than a one-time fuel tank, offering steadier long-term returns and different risk profiles.
solar generation technical
"Together, we are investing in solar generation that will produce clean, renewable energy"
Solar generation is the production of electricity by converting sunlight into power using devices such as rooftop solar panels or large mirror fields. Investors care because it can lower operating costs, provide steady, fuel-free electricity output and qualify for government incentives, all of which affect a company's cash flow, asset value and long-term growth prospects—think of it as installing a low-cost, reliable engine that reduces future energy bills and exposure to fuel price swings.
carbon footprint technical
"produce clean, renewable energy, reduce our portfolio's carbon footprint, and move ICCF closer"
The carbon footprint measures the total greenhouse gas emissions a company causes directly and indirectly, expressed as a single tally of carbon dioxide-equivalent. Investors care because it’s like a company’s emissions “utility bill”: higher footprints can mean bigger future regulatory costs, reputational damage, and operational changes as the economy shifts to cleaner energy, all of which can affect profitability and long-term value.
carbon-neutral technical
"move ICCF closer to becoming a carbon-neutral organization"
Carbon-neutral means a company, product, or activity balances the amount of carbon dioxide it releases into the atmosphere by cutting emissions and/or funding actions that remove or prevent an equivalent amount of carbon elsewhere, so the net addition to the atmosphere is zero. Investors care because it signals how a business manages future regulatory costs, reputation risk, and long-term operating expenses—like balancing a checkbook to avoid surprise penalties or damaged trust.
greenhouse gas emissions technical
"equivalent to removing greenhouse gas emissions produced from over 190,500 cars on the road"
Greenhouse gas emissions are the gases a company releases into the air—like carbon dioxide or methane—that trap heat in the atmosphere and contribute to global warming. For investors, these emissions matter because they can lead to higher regulatory costs, fines, shifting consumer preferences, and physical risks (like supply-chain disruptions), or create opportunities in low-carbon products; think of emissions as a company’s climate footprint that can affect future profits and value.

AI-generated analysis. Not financial advice.

Nonprofit Affordable Housing Provider Makes Commitment

GRAND RAPIDS, Mich., Jan. 21, 2026 /PRNewswire/ -- Consumers Energy and ICCF Community Homes are announcing a new partnership to power Michigan's oldest nonprofit affordable housing provider with clean energy. The Grand Rapids-based organization joins over 50 other Michigan employers that are making commitments through Consumers Energy's Renewable Energy Program.

"We are committed to providing energy solutions for our Michigan customers and are thrilled to work with ICCF to build on its mission to do meaningful, community-centered work that's rooted in sustainability and affordability," said Lauren Snyder, Consumers Energy's senior vice president, chief customer and growth officer.

ICCF Community Homes is agreeing to match the energy it uses with renewable energy from projects that Consumers Energy will develop in Michigan. The housing provider has been active in the Grand Rapids area since 1974 and engages 2,000+ households each year with housing-related services. Its work includes the management of over 600 units of affordable rental housing.

"On behalf of ICCF Community Homes, we are deeply excited to participate in this partnership with Consumers Energy. Together, we are investing in solar generation that will produce clean, renewable energy, reduce our portfolio's carbon footprint, and move ICCF closer to becoming a carbon-neutral organization," said Philip Hall, vice president of asset management.

In total, over 50 businesses that Consumers Energy serves have committed to over 700 megawatts of renewable energy. That's enough generation to power approximately 84,000 homes each year and equivalent to removing greenhouse gas emissions produced from over 190,500 cars on the road each year, according to U.S. Environmental Protection Agency calculations.

ICCF Community Homes joins notable Michigan participants, including Calvin University, Walmart stores and the cities of Grand Rapids and Kalamazoo, among others, in the Renewable Energy Program. 

"We are proud to be part of a forward-thinking collaboration that not only advances environmental goals but also strengthens our mission to build stable, thriving communities," Hall said. "This initiative underscores ICCF's commitment to doing what's right, for our residents, for our city, and for our planet."

Consumers Energy's Renewable Energy Program offers a local, cost-effective, flexible, and turnkey solution for businesses looking to align with sustainability goals while supporting the planet for future generations. Enrollment not only advances greening Michigan's grid but also supports Michigan jobs created through building and operating renewable energy projects.

Learn more by contacting RenewableProgram@ConsumersEnergy.com

Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties. We are committed to delivering reliable and affordable energy to our customers 24/7. 

Learn more at ConsumersEnergy.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/grand-rapids-based-iccf-community-homes-joins-consumers-energys-renewable-energy-program-302667131.html

SOURCE Consumers Energy

FAQ

What did Consumers Energy (CMS) and ICCF Community Homes announce on January 21, 2026?

They announced ICCF will join Consumers Energy's Renewable Energy Program to match its energy use with Michigan-developed renewable projects.

How much total renewable capacity have Consumers Energy program participants committed to?

Program participants have committed to over 700 megawatts of renewable capacity.

How many homes can the Consumers Energy Renewable Energy Program's committed capacity power each year?

The committed capacity can power about 84,000 homes annually, per EPA-equivalent calculations.

What is the emissions impact of the Consumers Energy commitments?

The commitments are equivalent to removing greenhouse gas emissions from over 190,500 cars from the road each year, per EPA calculations.

How does ICCF Community Homes participate in the program and what is its local scale?

ICCF will match its energy usage with renewables; the nonprofit manages over 600 affordable rental units and serves 2,000+ households yearly in Grand Rapids.
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